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March 22, 2011
Walgreens posts monster Q2 gains

With record second-quarter sales and earnings under its belt, a grasp on 20.1% of the retail prescription drug market and a sharpened focus on core assets, Walgreens' executives expressed optimism on future growth — despite such external challenges as a soft economy and continued pressure on Medicaid reimbursement — and reiterated the company's focus on core strategies.

March 16, 2011
Walgreens sponsors American Red Cross life-saving trainings

One of the nation's largest drug store chains announced its sponsorship of nationwide life-saving trainings hosted by the American Red Cross.

March 15, 2011
Kraft's CFO exits; EVP operations to take helm

Kraft Foods on Monday announced that its EVP and CFO, Timothy McLevish, will leave the company in mid-2011.

March 15, 2011
Medela kicks off online contest

Medela on Tuesday announced the launch of a new online Keep the Connection contest, giving moms a chance to win Medela breast-pumping and breast-feeding products.

March 15, 2011
NACDS announces guest speakers for annual meeting

This year's National Association of Chain Drug Stores Annual Meeting will feature a lineup of speakers ranging from political leaders and policy experts to best-selling authors and culinary connoisseurs. This year's meeting will run from April 30 to May 3 in Scottsdale, Ariz.

March 15, 2011
SXC's CEO named chairman of the board

Pharmacy benefit manager SXC Health Solutions has appointed president and CEO Mark Thierer as chairman of the board, the company said.

March 15, 2011
Walgreens' Pegus discusses evolving role of pharmacists at colloquium

The evolving role of the pharmacist and the growing impact of pharmacist interventions on clinical outcomes were discussed Tuesday by Walgreens chief medical officer Cheryl Pegus at the 11th annual Population Health and Care Coordination Colloquium.

March 14, 2011
AARP/Walgreens Wellness Tour rides again

Beginning in mid-March, the AARP/Walgreens Wellness Tour will embark on another 10-month tour to provide an expected $14 million worth of free health tests.

March 14, 2011
NCPA responds to congressional members' concerns over short-term cycle dispensing rule

Ten members of Congress expressed concerns over a provision in the Patient Protection and Affordable Care Act that is said to reduce Medicare program costs, according to the Centers for Medicare and Medicaid Services.

March 11, 2011
Magnacca's role at WAG expands

Walgreens has expanded Joseph Magnacca's role at the drug store chain by appointing him president of daily living products and solutions.

March 10, 2011
Hospira gets OK to market generic Taxotere

Hospira has received approval from the Food and Drug Administration for a generic cancer treatment.

March 9, 2011
NACDS, NCPA express support of 'swipe fee' reform

The National Association of Chain Drug Stores and the National Community Pharmacists Association on Tuesday urged Congress to permit the Federal Reserve Board to expedite the implementation of an amendment to the financial-reform legislation.

March 9, 2011
Walgreens says farewell to PBM business

Walgreens on Wednesday sold its pharmacy benefit management business, Walgreens Health Initiatives, to Catalyst Health Solutions in a cash transaction for $525 million, subject to certain adjustments. The transaction is structured as an acquisition of all of the capital stock of WHI.

March 8, 2011
Allergan executive moves to CEO role at Hospira

Generic drug maker Hospira has appointed Mike Ball as CEO, effective March 28, the company said. Ball currently is president of Allergan.

March 8, 2011
Walgreens' Pegus to present during colloquium session

Cheryl Pegus, chief medical officer at Walgreens, will make a presentation during the 11th annual Population Health and Care Coordination Colloquium in Philadelphia next week.

March 4, 2011
Hospira launches catalog of U.S. products on website

Hospira launched a new online resource that catalogs all of its products available in the United States.

March 4, 2011
Sparking a nutritious 'Stride'

NORTHFIELD, Ill. — The active gum category has a new functional addition. Kraft Foods recently introduced Stride Spark, a gum that contains vitamins B6 and B12, two essential nutrients known for helping to release energy in the body.

Manufacturers have been boosting new gum flavors with vitamins and supplements in an effort to help consumers meet their daily nutritional requirements and keep the category exciting. The strategy has worked — gum has seen steady growth over the past few years, outpacing many other confection segments.

March 3, 2011
February flu benefit not as big as billed for Walgreens

Walgreens on Thursday posted sales growth of 8.7% to $18.5 billion for its second quarter ended Feb. 28.

March 3, 2011
Walgreens' Rx refill, text alert apps embraced by pharmacy customers

Walgreens' latest mobile features have gained momentum among its pharmacy customers.

March 2, 2011
Kmart kicks off annual March of Dimes campaign

Kmart is continuing its support of the March of Dimes by collaborating with the organization for the 28th time.

March 2, 2011
Kraft rolls out Philadelphia Cooking Creme

Kraft is taking a cream cheese brand to new heights with the introduction of a spoonable, easy-to-blend cooking cream.

March 1, 2011
Amid shortage, Walgreens compounds Tamiflu

Walgreens said its pharmacies are prepared to compound Tamiflu capsules into liquid form as the Centers for Disease Control and Prevention reported widespread flu activity in the United States.

March 1, 2011
Yiayia approved: Kraft puts Athenos at center stage

Kraft Foods has put the spotlight on Athenos with the brand's first-ever advertising campaign.

February 28, 2011
Kraft's preliminary injunction against Starbucks denied by appeals court

A U.S. appellate court denied Kraft Foods' request for a preliminary injunction against Starbucks, upholding a lower court's ruling.

February 25, 2011
Hal Rosenbluth to exit Walgreens

Walgreens on Friday announced that Hal Rosenbluth will retire as president of its health-and-wellness division in April but will continue with the company as a senior consultant to the CEO for healthcare services.

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